Beds3
Baths2
Sold On2/26/2021

Michael Brown
(302) 258-4368
Status:
Sold
Property Type:Unit/Flat
MLS #:DESU171248
Date Sold:2/26/2021
County:Sussex
Welcome to "Sea Gem"! This beautifully decorated 3 bedroom, 2 bath condo sits right on the beach! You can't get any closer to the ocean than this! This is just a 6 unit building with a new $30K roof in 2019. Exceptional rental income of $50-55K per year. The prime Summer weeks rent for $3,475.00/week and are fully booked. Enjoy this heated unit year round. Only 6 seasons left on the Land Lease at a very low $1,200 Land Rent per year! Rent from Memorial Day to Labor Day and use the rest of the year virtually "free"! Or enjoy it full time at a cost of $3,958 per month over the 6 years for only $285K! (Less than what someone would pay to rent this property year round!)
Detailed Maps
Price Change History
Date | Old Price | New Price | Percent Change |
10/30/2020 | $285,000 | $259,500 | -8.9% |
11/17/2020 | $259,500 | $245,000 | -5.6% |
2/26/2021 | $245,000 | $205,000 | -16.3% |
Community Information
Address:2 Saulsbury St Dewey Beach, DE 19971
Area:Lewes Rehoboth Hundred (31009)
County:Sussex
City:Dewey Beach
School System:CAPE HENLOPEN
Zip Code:19971
Architecture
Bedrooms:
3
Bathrooms:
2
Stories:1
Style:Unit/Flat
Construction: Stick Built
Roofing: Architectural Shingle
Foundation: Crawl Space
Garage: Asphalt Driveway, Assigned
Features / Amenities
Interior Features: Breakfast Area, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Wood Floors, Recessed Lighting, Window Treatments
Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
Primary Flooring: Wood
Accessibility: Level Entry - Main
Community Amenities: Common Grounds
Other Structures: Above Grade, Below Grade
Cooling: Window Unit(s)
Heating: Baseboard - Electric
Property Features
Lot Description: Landscaping, Open
Waterfront: Ocean
Waterfront Improvement: Sandy Beach
Location: Oceanfront
Water Access: Yes
Water: Public
Sewer: Public Sewer
Utilities On Site: Cable TV
Road: Black Top
Road Responsibility: Boro/Township
Transportation: Bus Stop less than 1 mile
Zoning:TN
Directions:South on Route 1 into Dewey. Left on Saulsbury. Property is at the end of the street at the beach on the right. Unit 4 is straight ahead as you pull into lot.
Tax and Financial Info
Total Taxes: $223 (paid Annually)
School Tax: $202
Condo Fees: $1,200 (paid Quarterly)
Ownership: Condominium
HOA Amenities: Common Grounds
Schools
Similar Listings
Similar Recently Sold
Listing Information Last Updated 3/3/2021
Listing provided courtesy of Bay Coast Realty.
Property Summary:
GeoCoordinates:
You are viewing the MLS property details of the home for sale at 2 Saulsbury St Dewey Beach, DE 19971, which is located in the subdivision, includes 3 bedrooms and 2 bathrooms, and has approximately 0 sq.ft. of living area.
Home for sale at 2 Saulsbury St Dewey Beach, DE 19971.
Description: The home at 2 Saulsbury St Dewey Beach, DE 19971 with the MLS Number DESU171248 is currently listed at $205,000 and has been on the Dewey Beach market for 137 days.
Description: The home at 2 Saulsbury St Dewey Beach, DE 19971 with the MLS Number DESU171248 is currently listed at $205,000 and has been on the Dewey Beach market for 137 days.
GeoCoordinates:
-75.07345703
38.69593187
38.69593187
List Price:
$205,000
You are viewing the MLS property details of the home for sale at 2 Saulsbury St Dewey Beach, DE 19971, which is located in the subdivision, includes 3 bedrooms and 2 bathrooms, and has approximately 0 sq.ft. of living area.